Swatch Group : Conjoncture maussade confirmée et 2024 ne se présente pas bien
>T3 maussade pour le marché de l’horlogerie, nous révisons en baisse notre prévision de croissance S2 pour le groupe, EBIT 2023 réduit de 3% - Les dernières indications à notre disposition concernant le segment Montres augurent d’un second semestre en net retrait pour Swatch après un premier semestre qui avait surpris positivement. Les exportations horlogères suisses n’ont progressé que de 2.3% y/y sur le T3 (septembre tout juste publié à +3.8% après -0.7% en juillet ...Swatch Group is active in finished watches and jewelry sector with 20 brands in all market and price brackets. In addition, Co. is engaged in the sector of watch movements and components production as well as in the electronic systems sector. Co.'s operations can be divided into two segments: Watches & Jewelry, which is engaged in the production and sale of watches and jewelry; and Electronic Systems, which is engaged in the design, production and commercialization of electronic components, sports timing activities. Co. manufactures and sells watches under the following brands, among others: Breguet, Harry Winston, Blancpain, Glashutte Original, Jaquet Droz, Leon Hatot, and Omega.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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